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NCUA RIN: 3133-AF49 Publication ID: Fall 2023 
Title: Fintech 
Abstract:

The NCUA Board is considering a final rule following publication of a proposed rule in December 2022. The final rule would amend the NCUA's rules regarding the purchase of loan participations and the purchase, sale, and pledge of eligible obligations and other loans (including notes of liquidating credit unions) to clarify the requirements applicable to such transactions and provide additional flexibility for federally insured credit unions to make use of advanced technologies and opportunities offered by the financial technology sector.

 
Agency: National Credit Union Administration(NCUA)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 701    12 CFR 714   
Legal Authority: 12 U.S.C. 1752(5)    12 U.S.C. 1755 to 1759    12 U.S.C. 1761a to 1761b    12 U.S.C. 1766 to 1767    12 U.S.C. 1782    12 U.S.C. 1784 to 1789    15 U.S.C. 3717    15 U.S.C. 1601 et seq.    42 U.S.C.1981    42 U.S.C. 3601 to 3610    42 U.S.C. 4311 to 4312   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  12/30/2022  87 FR 80479   
NPRM Comment Period End  02/28/2023 
Final Action  11/00/2023 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: https://www.ncua.gov/regulation-supervision/rulemakings-proposals-comment  
RIN Data Printed in the FR: No 
Related RINs: Related to 3133-AE96 
Agency Contact:
Ian Marenna
Associate General Counsel
National Credit Union Administration
1775 Duke Street,
Alexandria, VA 22314
Phone:703 518-6554
Fax:703 518-6569
Email: imarenna@ncua.gov